The absolute zero co just issued a dividend of 295 per, Ask an Expert

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The Absolute Zero Co. just issued a dividend of $2.95 per share on its common stock. The company is expected to maintain a constant 6.1 percent growth rate in its dividends indefinitely. If the stock sells for $59 a share, what is the company’s cost of equity?

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Financial Management, Finance

Category:- Financial Management
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